Question on: JAMB Mathematics - 2019
Tade bought 200 mangoes at 4 for ₦2.50. 30 out of the mangoes got spoilt and the remaining were sold at 2 for ₦2.40. Find the percentage profit or loss.
A
43.6% loss
B
35% profit
C
63.2% profit
D
28% loss
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Correct Option: C
For 200 mangoes @4 for N2.50
it \(\implies\) that the total cost price = \(\frac{200}{4} \times N 2.50\)
= N 125.00
Since there are 30 mangoes that got spoilt, \(\implies\) Left over = 200 - 30
= 170 mangoes
170 mangoes at 2 for N 2.40
\(\implies\) Total selling point = \(\frac{170}{2} \times N 2.40\)
= N 204.00
Profit : N (204.00 - 125.00) = N 79.00
% profit = \(\frac{79}{125} \times 100%\)
profit = 63.2%.
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